31 March 2005

R&D Funds Go To Real Estate

From Kommersant, St. Petersburg's Research Center is the latest way for someone to receive cash for owning a crappy piece of real estate and deprive deserving scientists of R&D funds.

As the article points out less than 15% of all funds earmarked for a project in Dubna actually ended up funding R&D.

Could someone in charge please understand that building business parks for science start-ups is worthless unless they have management talent that is going to find contracts and a pool of venture experience to help those managers go global.

No comments:

31 March 2005

R&D Funds Go To Real Estate

From Kommersant, St. Petersburg's Research Center is the latest way for someone to receive cash for owning a crappy piece of real estate and deprive deserving scientists of R&D funds.

As the article points out less than 15% of all funds earmarked for a project in Dubna actually ended up funding R&D.

Could someone in charge please understand that building business parks for science start-ups is worthless unless they have management talent that is going to find contracts and a pool of venture experience to help those managers go global.

No comments: